Industrial Production in Cyprus accelerated by an annual 10% in January

Cyprus’ Index of Industrial Production for January accelerated by 10% in the first month of 2018 compared with January last year, according to data released today by Cyprus’ Statistical Service (Cystat).

January’s Index for Industrial Production reached 82.9 units (base 2010=100), compared with 75.4 units in January of 2017.

For Manufacturing, the index for January 2018 reached 79.7 units, recording an increase of 18.1% compared to January last year Cystat said.

Compared with December 2017, the index recorded a decrease of 7.9%, with index for Manufacturing declining by 11.93%.